Shortage

The latest market survey from the Employment Agency indicates a persistent high demand for labor in Bulgaria, both in the short and long term. However, the need for workers varies significantly across different sectors and professions. Construction workers have surged to the forefront, replacing machine operators, while the tourism sector shows a decline in demand.

The price rally is explained by a combination of factors, but in particular by the shortage of cocoa from West Africa

Amidst notable shifts in Bulgaria's labor landscape, citizens from 59 countries outside the European Union (EU) have found employment opportunities in the nation over the past year, signaling a significant change in its workforce dynamics.

In today's briefing held at the Ministry of Health, Bulgaria's Minister of Health, Prof. Hristo Hinkov, addressed concerns regarding the shortage of certain medicines in the country, particularly insulin. Prof. Hinkov asserted that the perceived shortages and associated drama are exaggerated, emphasizing that the ministry diligently monitors the pharmaceutical market.

In a comprehensive analysis conducted by Institute for Market Economics (IME) Senior Economist Adrian Nikolov, Bulgaria's labor market is forecasted to face a severe shortage of skilled workers, potentially reaching half a million individuals within the next three to five years.

For the positions listed, employers offer maximum monthly salaries ranging from 1,000 to even 3,000 euros. The significant demand for specific professions coupled with a shortage of labor force has caused significant shifts in the job market, experts say.

Although tourism activity has rebounded with the COVID-19 pandemic-related troubles put behind, the industry is now facing another problem: Labor shortage.

Turkish hoteliers are trying to overcome this problem by hiring workers from other nations, such as Turkic countries and even from Indonesia, even though this costs them more.

‘It’s back to the old days’ as demand for firewood soars due to gas shortage

Greece fears shortages 

Due to a global shortage of semiconductors, it has become increasingly difficult to find a new car, while second-hand vehicles in dealers' inventories are depleting fast.